The Neighborhood:
Mid-City West

The typical asking rate per listing is in the $40's per square foot per year.
The Mid-City West submarket is seeing a decrease in rates.
In the last 3 months, the median rate
decreased
$8 per sqft per year.
That's a 14%
decrease in rent.

Compared to the rest of the Metropolitan Los Angeles market, the Mid-City West region has
higher rates, and you'll have to negotiate above asking rent to be in this hot submarket.